Summary Financial Information

Introduction
The charity's primary purpose is to raise enough money to keep both Devon's Air Ambulances flying.  Happily, despite the recession, 2009 proved to be a successful year on this front with an overall increase in income of 9% against the previous year.  

If you rollover the graphs below you can see some explanations of how the different sources of income have fared.  As these show, we saw some shifts in income trends, with straightforward donations decreasing slightly but net profits from the shops and lottery increasing along with a healthy increase in community fundraising.  The introduction of Gift Aid for goods donated to our shops has been a great success.

Just as important as raising money is spending it wisely.  Although our expenditure also went up, this was only by 4.5% which meant our net surplus went up (£675,000 in 2009 against £461,000 in 2008).  This money will be reinvested in service developments like additional training, research into best practice and clinical governance.  Some has been set aside for replacement of G-DAAT when it's lease expires in 2013.  

This information is taken from our full audited accounts for 2009 and is intended to give an overview of our income and expenditure during the period.  Please see our annual report and accounts for an in-depth picture of our financial position at the year end and our activities and achievements during the year.